tiprankstipranks
Trending News
More News >

Close Brothers COO Exercises Share Options in Strategic Move

Story Highlights

Close Brothers Group ( (GB:CBG) ) has shared an update.

Close Brothers Group plc announced a transaction involving Simon Jacobs, the Group Chief Operating Officer, who exercised options under the 2023 Retention and Recruitment Share Plan, resulting in the acquisition of 13,442 shares. A portion of these shares, 6,341, was sold to cover tax and National Insurance Contributions, while 7,101 shares were retained. The transaction took place on 31 March 2025 at the London Stock Exchange, reflecting the company’s ongoing efforts to align management incentives with shareholder interests.

More about Close Brothers Group

Close Brothers Group plc operates in the financial services industry, providing a range of banking, securities, and asset management services. The company focuses on serving small and medium-sized enterprises, professionals, and individuals in the UK market.

YTD Price Performance: 77.27%

Average Trading Volume: 640

Technical Sentiment Signal: Strong Buy

Current Market Cap: $525.9M

See more insights into CBG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App